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A bill of sale for a car should include the sale date, a description of the vehicle (year, make, model), the selling price, warranty information, and the full names, addresses, and signatures of both the buyer and seller. It is a legally binding document that confirms the purchase from a private party, and while it is not a title, it can be used to obtain the vehicle's title from the DMV. Essentially, a bill of sale serves as a contract for the vehicle purchase between the buyer and seller, provided it adheres to state guidelines.